Technical Analysis

Note: This section contains information in English only.
Wed, 25 Nov 2020 10:48:17 GMT

USD/JPY could trade upwards

On Tuesday, the USD/JPY currency pair touched the 104.75 mark.

Wed, 25 Nov 2020 10:38:24 GMT

GBP/USD remains below 1.3380

Yesterday, the GBP/USD exchange rate failed to exceed the psychological level at 1.3380.

Wed, 25 Nov 2020 10:29:43 GMT

EUR/USD exceeded weekly R1

On Tuesday, the EUR/USD currency pair exceeded the weekly R1 at 1.1898.

Wed, 25 Nov 2020 09:51:05 GMT

NZD/USD could continue to edge up

The New Zealand Dollar soared by 81 points or 1.17% against the US Dollar on Tuesday. The 50– hour simple moving average provided support for the currency pair during yesterday's trading session.

Wed, 25 Nov 2020 09:11:13 GMT

USD/CAD breakout could occur

Downside risks dominated the US Dollar against the Canadian Dollar on Tuesday. As a result, the exchange rate plummeted by 95 points or 0.73% during yesterday's trading session.

Wed, 25 Nov 2020 08:17:33 GMT

AUD/USD bounces off support

Australia's Dollar surged by 43 points or 0.59% against the US Dollar on Tuesday. The 50– hour simple moving average provided support for the currency pair during yesterday's trading session.

Wed, 25 Nov 2020 07:43:57 GMT

EUR/JPY two scenarios likely

The common European currency surged by 67 points or 0.54% against the Japanese Yen on Tuesday. The currency pair tested the upper line of an ascending channel pattern at 124.46 during the Asian session on Wednesday.

Tue, 24 Nov 2020 10:56:10 GMT

XAU/USD trades below 1,830.00

Yesterday, the XAU/USD exchange rate tumbled to the 1,835.00 level. During Tuesday morning, the rate continued to decline.

Tue, 24 Nov 2020 10:47:43 GMT

USD/JPY trades above 104.20

On Monday, the USD/JPY currency pair skyrocketed to the 104.60 level and reversed south.

Tue, 24 Nov 2020 10:37:39 GMT

GBP/USD to re-test weekly R2

Yesterday, the GBP/USD exchange rate reversed south from the resistance level—the weekly R2 at 1.3402.

Tue, 24 Nov 2020 10:27:05 GMT

EUR/USD remains below 1.1900

On Monday, the EUR/USD currency pair dropped to the weekly S1 at 1.1819 and reversed north.

Tue, 24 Nov 2020 08:48:30 GMT

NZD/USD bulls likely to prevail

The New Zealand Dollar has surged by 87 pips or 1.26% against the US Dollar since yesterday's trading session. The currency pair breached the weekly R1 at 0.6968 on Tuesday morning.

Tue, 24 Nov 2020 08:12:56 GMT

USD/CAD decline to continue

The US Dollar soared by 53 pips or 0.41% against the Canadian Dollar on Monday. The surge was stopped by the 200– hour simple moving average during yesterday's trading session.

Tue, 24 Nov 2020 07:47:23 GMT

AUD/USD bounces off support

The Australian Dollar declined by 60 pips or 0.82% against the US Dollar on Monday. The currency pair tested the 200– hour simple moving average at 0.7289 during yesterday's trading session.

Tue, 24 Nov 2020 07:36:32 GMT

EUR/JPY breakout occurs

The single European currency surged by 73 pips or 0.59% against the Japanese Yen on Monday. A breakout occurred through the upper boundary of a descending channel pattern during yesterday's trading session.

Mon, 23 Nov 2020 12:39:27 GMT

XAU/USD pressured by 100– and 200-hour SMAs

During Monday morning hours, the XAU/USD exchange rate reversed south from the resistance formed by the 100– and 200-hour SMAs near 1,875.00.

Mon, 23 Nov 2020 12:31:52 GMT

USD/JPY consolidates in 103.80 area

Since Friday, the USD/JPY currency pair has been trading sideways in the 103.80 area.

Mon, 23 Nov 2020 12:26:16 GMT

GBP/USD trades near 1.3380

During Monday morning hours, the GBP/USD exchange rate exceeded the weekly R1 at 1.3344.

Mon, 23 Nov 2020 12:19:49 GMT

EUR/USD exceeded weekly R1

During Monday morning hours, the EUR/USD currency pair exceeded the weekly R1 at 1.1898.

Mon, 23 Nov 2020 09:22:40 GMT

NZD/USD pressure by 50– hour SMA

The New Zealand Dollar edged higher by approximately 40 basis points or 0.69% against the US Dollar on Friday. The 50– hour simple moving average guided the currency pair during Friday's trading session.

Mon, 23 Nov 2020 08:52:44 GMT

USD/CAD bears could prevail

The US Dollar surged by 47 points or 0.36% against the Canadian Dollar on Friday. The gains were stopped by the 200– hour SMA at 1.3088 during Friday's session.

Mon, 23 Nov 2020 07:57:18 GMT

AUD/USD breakout occurs

The Australian Dollar surged by 44 basis points or 0.61% against the US Dollar on Friday. A breakout occurred through the upper boundary of a descending channel pattern during the Asian session on Monday.

Mon, 23 Nov 2020 07:28:07 GMT

EUR/JPY two scenarios likely

The common European currency declined by 35 basis points or 0.30% against the Japanese Yen on Friday. The decline was stopped by the 50– hour simple moving average during Friday's trading session.

Fri, 20 Nov 2020 11:15:01 GMT

XAU/USD remains below moving averages

Yesterday, the XAU/USD exchange rate could reverse north from the 1,855.00 level.

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